Signature sets sights on international growth

Signature proposes to acquire Corten Interior Solutions for S$45mil (RM151.08mil) and Areal Interior Solutions for S$2.8mil (RM9.4mil).

Signature International Bhd is laying claim to becoming the largest kitchen and wardrobe company in Asean following its proposed acquisitions of two Singaporean companies.

The companies that are being acquired in a non-related party transaction totalling S$47.8mil (RM160.48mil) in cash are Corten Interior Solutions Pte Ltd for S$45mil (RM151.08mil) and Areal Interior Solutions Pte Ltd for S$2.8mil (RM9.4mil).